Tenant fees & deposits
Everything you will and won't pay when you rent through S J Smith Lettings. No admin fees, no application fees, no referencing charges — those have been banned since the Tenant Fees Act 2019, and we don't work around them.
Before you move in
These are the only payments we can ask for before a tenancy starts.
- Holding deposit
- Reserves the property while we complete referencing and right-to-rent checks. Refunded in full, or put towards your first rent or deposit, if the tenancy goes ahead. We must repay it within 15 days unless you withdraw, fail a right-to-rent check, or give false information.
Capped at 1 week's rent - Security deposit
- Protected in a government-approved tenancy deposit scheme within 30 days of receipt. Returned at the end of the tenancy less any agreed deductions.
Max 5 weeks' rent 6 weeks if annual rent is £50,000+ - First rent payment
- Due once both you and the landlord have signed the tenancy agreement — never before. In the first year, rent is spread evenly; we cannot ask for a large lump sum up front.
As stated on the listing
During your tenancy
These only apply if the situation arises and only where your tenancy agreement provides for them.
- Late rent
- Interest on rent more than 14 days overdue, charged from the date it was due. Nothing is charged in the first 14 days.
Max 3% above Bank of England base rate - Lost keys or security devices
- The actual cost of replacement only. We provide written evidence of what was spent.
Reasonable costs, evidenced - Changing the tenancy at your request
- For example adding, removing or swapping a tenant, or varying a term. Only where you ask for the change.
£50 inc. VAT, or reasonable costs if higher - Ending the tenancy early at your request
- Capped at the rent the landlord would have received to the end of the tenancy, or the reasonable loss incurred — whichever is lower.
No more than the landlord's actual loss - Utilities, council tax and TV licence
- Payable by you where your agreement says so, either direct to the supplier or authority, or through the rent.
At cost
What we never charge
These are prohibited payments under the Tenant Fees Act 2019. If any agent asks you for one, it is unlawful.
- Application or admin fees
- Referencing or credit check fees
- Inventory or check-in fees
- Check-out fees
- Tenancy agreement or contract fees
- Renewal fees
- Professional cleaning as a condition of the let
- Pet fees or pet deposits
- Guarantor arrangement fees
- Viewing fees
- Fees to take out insurance or a loan
- Rent before the agreement is signed
Your deposit
S J Smith Lettings Ltd, registered in England and Wales, company number 11002195. Registered office: Aruna House, 2 Kings Road, Haslemere, Surrey GU27 2QA. All fees shown include VAT. Deposit caps are set by the Tenant Fees Act 2019 as amended by the Renters' Rights Act 2025. This page is provided for information and does not form part of any tenancy agreement.